Welkeeps Hitech Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:46 am EST
Share
Welkeeps Hitech Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 4,441.34 million compared to KRW 8,699.65 million a year ago. Net income was KRW 206.82 million compared to KRW 2,626.04 million a year ago. Basic earnings per share from continuing operations was KRW 5 compared to KRW 78 a year ago. Diluted earnings per share from continuing operations was KRW 5 compared to KRW 78 a year ago. Basic earnings per share was KRW 5 compared to KRW 78 a year ago.
For the nine months, sales was KRW 0.00022 million compared to negative sales of KRW 0.00026 million a year ago. Net income was KRW 2,126.79 million compared to KRW 5,219.22 million a year ago. Basic earnings per share from continuing operations was KRW 62 compared to KRW 203 a year ago. Diluted earnings per share from continuing operations was KRW 61 compared to KRW 203 a year ago. Basic earnings per share was KRW 62 compared to KRW 190 a year ago. Diluted earnings per share was KRW 61.
Welkeeps Hitech Co Ltd, formerly Clover Hitechnology Co Ltd, is a Korea-based company mainly engaged in semiconductor design and semiconductor post-processing business. The Company operates its business through two segments. The Semiconductor Business segment is engaged in the fabless semiconductor business, which designs and sells semiconductor integrated circuits. The Segment is also engaged in the display driving chip package business. The Electrical & Power Business segment is engaged in the manufacture and sale of inverter transformers and coils.
WELKEEPS HITECH CO.,LTD 
